President Muhammadu Buhari has on Tuesday directed the Central Bank of Nigeria (CBN) not to give money to anybody for food importation
He noted that the country has sufficient food, enough for its citizens.
Don’t give a cent to anybody to import food into the country,’’ he said. The President, who hosted All Progressives Congress (APC) governors to Eid-el-Kabir lunch at his country home in Daura, said the foreign reserve will be conserved and utilized strictly for diversification of the economy, and not for encouraging more dependence on foreign food import bills.
President noted that some states like Kebbi, Ogun, Lagos, Jigawa, Ebonyi and Kano had already taken advantage of the Federal Government’s policy on agriculture with huge returns in rice farming, urging more states to plug into the ongoing revolution to feed the nation
“We have achieved food security, and for physical security we are not doing badly, ‘he said.
President Buhari said he was particularly delighted that young Nigerians, including graduates, had started exploring agric-business and entrepreneurship, with many posting testimonies of good returns on their investments.